Oklahoma Divorce Worksheet and Law Summary for Contested or Uncontested Case of over 25 pages - Ideal Client Interview Form
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FAQ
Discuss Your Desires With Your Spouse. Get a Real Estate Appraisal. Calculate Assets of Significant Value. Check Kelley Blue Book for Vehicle Values. Add Up Bank Accounts and Financial Assets. Evaluate a Business.
Personal bank accounts, shared accounts, retirement accounts, and credit cards. Real estate properties, any vacation homes, income properties, and land. Cars, trailers, boats, motorcycles, and other vehicles.
At the end of a month, add up all of your weekly expenses by category to get a monthly total for each category. Then add all the months' totals and divide by the number of months to get an average monthly total for each expense.
Because California law views both spouses as one party rather than two, marital assets and debts are split 50/50 between the couple, unless they can agree on another arrangement.
The legal definition of an asset in a divorce is anything that has a real value. Assets can include tangible items that can be bought and sold such as cars, properties, furniture, or jewelry. Collectables, art, and memorabilia are frequently over looked assets because their value is often hard to ascertain.
What is a Divorce Worksheet? This worksheet is intended to organize personal and financial information about you and your spouse to assist you in preparing for a divorce. It can be prepared before or after you have an initial meeting with a lawyer who is assisting you with your divorce.
In California, there is no 50/50 split of marital property. When a married couple gets divorced, their community property and debts will be divided equitably. This means they will be divided fairly and equally.
At divorce, community property is generally divided equally between the spouses, while each spouse keeps his or her separate property. Equitable distribution. In all other states, assets and earnings accumulated during marriage are divided equitably (fairly), but not necessarily equally.